December 4, 2025 • 35 mins
We’ll ask our economist, David Bahnsen, what’s smarter, the social security system or the Trump accounts?
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Episode Transcript
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Speaker 1 (00:00):
Hey, gang, it's me Michael. You can listen to your
morning show live. Make us a part of your morning
routine or your drive to work companion on great stations
like Talk Radio ninety eight point three and fifteen ten
WLAC in Nashville, Tupelos News and Talk one oh one
point one and ten sixty WKMQ, and how about Talk
six fifty KSTE in Sacramento, California. Love to have you
(00:21):
listen live, but are grateful you're here now for the
podcast Enjoy.
Speaker 2 (00:25):
Well two three, starting your morning off right, A new
way of talk, a new way of understanding.
Speaker 1 (00:33):
Because we're in this together.
Speaker 3 (00:37):
This is your morning show with michael'dell Chornan soundtat you.
Speaker 1 (00:41):
Two seven. We are steady at thirty thousand. We're going
to begin our descent, final hour of final approach into
this Thursday, December fourth, twenty twenty five. Good morning, everybody,
Final Hour. I don't know how it happened, but it happened.
We actually have a really good football game. In fact,
if this was Sunday, I'd say this is the one
(01:03):
to watch out of all of them. And it's happening
on Thursday night, where that never happens. Not even Al
Michaels is going to have to actually pay attention. Tonight,
the red hot Dallas Cowboys of one three in a
row are headed to Detroit to take on our Lions
Thursday night football. Tonight, we got an admiral testifying. We
have President Trump rolling back fuel economy standards for American
auto producers. This could give a bump to gas vehicle sales.
(01:27):
And now you have the President saying what I said yesterday. Look,
the fact that Vladimir Putin sat down, the meeting actually happened,
that's progress. The fact that they were together for five
hours talking, that's progress. The President says, it was a
very good meeting. No breakthrough, but a very good meeting.
And we're getting closer. And there's been a lot of buzz,
(01:50):
so much so today. We did this earlier in the
five o'clock hour you can catch in the podcast. Later
you even have Corey Booker saying, oh man, let me
tell you something, these these Trump accounts, this is brilliant,
and it's brilliant on many layers. Of course, he still
thinks the Big Beautiful Bill, the Big Beautiful Bill, is
a moral obscenity, even though it's the big beautiful bill
(02:12):
that created the Trump accounts. So we want to talk
more about these Trump accounts. Our economist is also a
theologian because some of this is almost immoral the way
it has been handled. Why didn't we not do this
fifty years ago? Your kids today, had this happened twenty
years ago, would be graduating with two hundred and fifty
three hundred thousand, depending on I mean, we can break
(02:34):
the cycles of poverty. It will ultimately, I think, reveal
the failure of social Security, which goes back to the
two thousand presidential election and lock boxes and everything that
was never covered after nine to eleven. David Bonson is
our theologian and economists. He joins us every Thursday. He
also presides over Dividend Cafe, and you probably see him
all the time on Fox Business. Good morning, David. What
(02:54):
do you make of the presidents? I don't like the name,
but you know, I don't like when presidents put their
name on things. But the Trump counts love the concept
should have been done years ago.
Speaker 2 (03:02):
No, what is it you like about the concept? The
parts that is funded by Michael Dell or the government funding?
Speaker 1 (03:10):
No, the well, the part I like the part where
you can have an account that belongs to a kid
with five it's a it's a story of compounding interests.
So if the parents can put up to five thousand
dollars into it and it's invested and it grows, I
think it's it's an ultimate solution for breaking poverty. I mean,
(03:31):
I even go back to the nuance of if you're
a kid and you're in fifth grade and you know
you're going to have a couple one hundred grand to
use for college or for a home, if you decide
to do a trade, you're going to study different, You're
going to behave different because that hopelessness becomes not just hope,
but becomes a plan, a doable plan. What don't you
(03:54):
like about it? Maybe I should start the interview over.
Speaker 2 (03:56):
I think it depends on the funding mechanism. And so
if we're talking about an account that exists that parents
can fund, those have existed for many, many years, tax free,
all kinds of different options. If what we're talking about
here is the government providing the seed funding, I still
believe you're right that it's better than an unfunded social
(04:20):
security system.
Speaker 1 (04:21):
I still think it will.
Speaker 2 (04:22):
Compound and be exposed to typet market investing that's going
to generate a better return over time. But you know,
George McGovern ran on the idea in nineteen seventy two
of giving every kid at birth one thousand dollars and
then when they were you know, eighteen, they'd have this
big pot of money that would have compounded, and Republicans
(04:44):
went crazy over the idea that we would just be,
you know, using government funds as a giveaway. So I
think that there's different understandings of what's going on here
out there and different rationales for it. The one, the
one you're using, is the one I'm most sympathetic to
that it's just that way better than other government programs.
(05:04):
I still question the role of the government in what
is essentially redistribution. That we would be providing an account
to people at birth that is funded by borrowed money,
but to the extent we set up an account that
we enable parents to fund, or that the private sector funds,
which was the interesting thing this week with Michael delle
(05:28):
giving six and a half billion dollars, which is a
massive amount of a private gift. But yeah, I'm concerned
with the idea of the government funding what is essentially
a new entitlement. And so you know, the argument you
(05:48):
make about hope I agree with. But I do believe
we have quite a big precedent that people have a
lot more hope about their future when they are playing
a role in that. But yeah, to the extent you
can do something that supports it and gives people, you know,
an advantage that wouldn't otherwise have and whatnot. I mean,
all of those are positive things.
Speaker 1 (06:09):
Certainly, David Bonston, our economist and money was this joining us.
I know that the Dell contribution, and hopefully it will
have more billionaires come forward and do it as well.
But right now the billion or what they put forward
comes to what two hundred and fifty for any kids
born starting next year? What is the government's I haven't
(06:33):
read anything about what the government starts it off with.
Speaker 2 (06:36):
Yeah, there's a little ambiguity in Congress is still supposed
to be providing not only some of the specifics about that,
but also some of the tax ramifications. So a lot
of us in the financial services element are still having
to kind of figure out what parents are able to
put in, is their deductibility and contributions, is it going
to grow tax free the way rowth Io rays five
(07:00):
nine's do. So. I still think that there are some
ambiguity as Congress works out the particulars, but there's no
question that the Big Beautiful Bill had a pretty sizable
cost to government in funding a lot of this.
Speaker 1 (07:13):
Yeah, no, because I was looking in as I read
it and thought I understood it. Once the kids are eighteen,
it becomes like an ira. It's it's actually transferred into
what becomes like an ira. If that's the case, then
I'm my guess was that when the parents who can
put up to five thousand a year into it do that,
(07:34):
it has to be after taxes. Otherwise you can't be
getting a tax break. I guess you could, but I didn't.
I guess I just just said.
Speaker 2 (07:42):
Well, it becomes if it becomes like an Ira, then
you would be getting a tax break. If it becomes
like a roth Ira, then you would not. And so
that you know, an ira has taxed to withdraw and
a roth Ira is not. But a roth Ira you
didn't get a deduction for when you put the money in,
and an Ira you do sort of some of the question.
Speaker 1 (08:02):
Yeah, all right, so that's all got to be worked out.
But in concept. What about the big picture of how
we've never gotten around? Like the Social Security is a tax.
People have to remember that it's not volitional. It's forced
on you, it's forced on your employer. It has grown
in its amount. I think it's what is its six
point twenty five percent for the employer, six point two
(08:22):
five percent, thirteen percent together for the employer and the individual,
and you pay that over lifetime. They keep raising every
year the amount. I think when my dad was paying
into Social Security only the first forty thousand dollars he
made was tax. Now it goes all the way up
next year, I think it's one hundred and eighty thousand dollars.
So it's it's a very it's an increasing tax. And
then the money that's paid in it's borrowed from which
(08:46):
is a big problem, and it's not really getting the
return it should. Are we ever going to get around
to why isn't that a big part of fixing this?
Speaker 4 (08:56):
Well?
Speaker 2 (08:57):
Why why isn't the Trump account related to fixing this?
Speaker 1 (09:01):
Or or why is cong Why are we ever gotten around?
Speaker 4 (09:04):
Yeah?
Speaker 1 (09:04):
In two thousand that was the big argument. George W.
Bush was wanting to, you know, free up Social Security
money to be invested privately. That and then the lock
box that Al Gore made famous, all that bantering the
election after they figured out all the chads and then
we had nine to eleven. Nobody has ever acted on it.
But social security does not.
Speaker 4 (09:23):
Get a good right.
Speaker 2 (09:24):
What you're forgetting. What you're forgetting is that Bush got
re elected in four and the first thing he said
was he now had a little political capital and he
was going to use it to reform social security. And
everybody lost their ever loving minds and said, no, you're
not You're not going to touch it, and you're going
to implement private accounts. Don't you remember what happened a
(09:44):
few years ago when the NASDAC blew up, and you're
going to blow up everyone's retirement with that big bad
stock market. Well, at the time everyone said that the
S and P five hundred was at fifteen hundred. It's
currently over six thousands. So but I mean literally, And
it is funny too because if they had gone through
it uneprivatized or an option an option for privatize social
(10:08):
security back then and then the financial crisis came two
or three years later, people would have just hammered it
for it. So the all thing's ridiculous. We've created this
third rail where anyone who talks to anything serious about
saving social security is accused of destroying it. And the
only thing that will destroy it is not doing something
(10:29):
to save it. So we are going to do what
we always do. We will wait until there's an emergency.
But the American people are to blame here. And I've
talked to you about this before. I've certainly written a
lot about it. I wrote a gived in cafe about
this maybe six months ago. We don't have a seriousness
to deal with this problem because we don't think we
(10:51):
need to. And when we decide we have to do something,
then we will.
Speaker 1 (10:56):
But in the meantime, just go another trillion in debt.
Speaker 2 (11:00):
So the government putting one thousand dollars into these programs.
That's where the first funding comes from, is one thousand
dollars from the government for any child born from twenty
twenty five to twenty twenty eight, and then the parents
can put up to another five thousand, and employers can
put up to another twenty five hundred. But that is
for money that the kids can get, you know, when
(11:22):
they are adults, and it is not meant to be
a Social Security replacement system. I think your point is
one that I really like though, that had we done
this instead of Social Security many many years ago and
had private accounts with stock market bonds, you know, regular
diversified investments like people's own four to one k's or
(11:42):
whatnot have, then everybody would have significantly more more money
and available. But the Social Security system represents a different
obligation and nobody has the seriousness of dealing with it.
Speaker 1 (11:56):
Closing moments with David Bonson, we got a eighty d
sidetrack looking at the nineteen seventy six McDonald's menu, and
it started because I took my son to Shakeshack. We
had two cheeseburgers. We both got a fry, one cheeseburger each,
two cheeseburgers, we both got a fry each, two fries.
We both got waters. The waters were four seventy nine each,
(12:19):
forty four dollars to have burgers, and then that got
read to send the seventy six McDonald's. But we discovered
something very interesting. So if you take the sixty five
cent quarter pounder with cheese in nineteen seventy six, through
rate of inflation, it should be three dollars and seventy
cents today, but it's six dollars in seventy two. How
did it end up doubling? That can't be off food.
Speaker 2 (12:42):
Look, I've studied this a time, and this there's a
lot going on here. Okay, it is not apples to
apples the same cheeseburger, first of all. So there there's
a lot about inflation when we take a product. It
was similar to houses. People will say the average house
cost x, and now it costs this, But they forget
that one was a twelve hundred square foot house and
(13:04):
one is a twenty five hundred square foot house or
maybe the same square footage, but you know, one of
them has like broadband and security and a swimming pool,
you know. So the food itself may be different. But
what we know, whether we're talking about a particular place
like McDonald's or just the broad food level, is that
(13:26):
people spend way less of their total paycheck on food
now than they did in nineteen seventy six. They spend
way less on utilities now than they did in nineteen
seventy six. And what we know is that incomes have
gone up more than prices since nineteen seventy six. So
(13:47):
there are certain products healthcare, higher education, and housing that
have gone up more than incomes and more than inflation.
But what is called real wages, which is the total
amount of income adjusted for the total amount of inflation,
(14:07):
they have substantially gone higher. The quality of living, the
standard of living is up. Now when with a particular
deal with McDonald's, what I would recommend people do is
buy stock in McDonald's because McDonald's has the pricing power
to continue increasing and wrote their dividend year over year
(14:31):
over year, which is why since nineteen seventy six, McDonald's
is up seventy thousand percent as an investment, and yes
is one of the great dividend stocks that we own
in our company for many many years, exactly for that reason.
There is no inflation. If cheeseburgers aren't going higher, there
(14:52):
is no inflation. The French fries aren't going higher. But
I don't think it's true that the general price level
has ever gone up higher than in times. And so
I don't like inflation because I think it's a tax
on the poor and I think it enables government spending.
But we also I just have to do the full
amount of mass people's incomes have gone up a heck
(15:12):
of a lot since nineteen seventy six.
Speaker 1 (15:15):
What's up on the dividend Cafe tomorrow? I'm done over
a minute over here, I have to do it.
Speaker 2 (15:22):
I finally am going to write a full comprehensive treatment
on why we do not own bitcoin and never will
and what my overall complete comprehensive take is why I'm
fully supportive of anyone who wants to go out and
buy it and guess what they think it's going to
go to. But I'm finally going to do a more
(15:42):
comprehensive treatment on why I don't buy this argument that
bitcoin represents some alternative currency.
Speaker 1 (15:48):
Botson Berry's Bitcoin Dividendcafe dot com. And we'll talk again
next week. David, love you, my brother.
Speaker 5 (15:57):
This is David Peterson in Columbia, Tennessee.
Speaker 6 (16:00):
In my morning show is your Morning Show with the
Michael del Jarna.
Speaker 1 (16:12):
Hi. It's Michael. Your Morning show can be heard on
great radio stations across the country, like News Talk ninety
two point one and six hundred WREC in Memphis, Tennessee
for thirteen hundred, The Patriot in Tulsa, Our Talk six
fifty kste in Sacramento, California. We invite you to listen
live while you're getting ready in the morning to take
us along for the drive to work. But as we
always say, better late than never. Thanks for joining us
(16:33):
for the podcast. As we mentioned, they're going to have
a private closed door hearing today with an admiral to
try to once and for all explain to Congress what
happened on that September second taking out of a boat
in the Caribbean. Israel says I got another body back
from Hamas turns out it was a man from Thailand
and convicted sex offender, Glene Maxwell is seeking early release
(16:59):
from federal prison camp in Brian, Texas. I doubt there's
much chance of that. And tonight we got a good
football game for a change on Thursday night, Cowboys in
Detroit to take on the line.
Speaker 4 (17:09):
All right, everybody, I'm not joking.
Speaker 7 (17:11):
I don't think we should be taking the advice from
a group of people who can't define what a woman is.
Speaker 1 (17:17):
That was just complete model information. Yes, time for your
Sounds of the day, always revealing, often entertaining. We start
with the President. ABC News Global Affairs correspondent Martha raddits
with the report. It may clear things up a bit,
(17:39):
although it didn't in my conversation with John Decker. But
more on that in a minute.
Speaker 7 (17:46):
So we have seen the video of the first strike,
but that second strike video that the President said would
be released will be key, and tonight new information. According
to a source familiar with the incident, the two survivors
climbed back on to the boat after the initial strike.
They were believed to be potentially in communication with others.
Speaker 1 (18:06):
And salvaging some of the drugs.
Speaker 7 (18:08):
Because of that, it was determined they were still in
the fight and valid targets. A JAG officer was also
giving legal advice. So again, David, that video will be key,
and Admiral Bradley will be on the hill tomorrow behind closed.
Speaker 1 (18:21):
Doors or today is the case? Be again this whole
notion that well, thanks to ABC, we've got this all
cleared up. This all begins with an anonymous sub source
and a report by the Washington Post. Then the New
York Times came out with four anonymous sources that countered that,
(18:42):
and now thanks to ABC, well it's all cleared up
and they're going to tell the members of Congress today
behind closed doors. I know John Decker took offense to
be calling it, when will this nothing burger go away?
And it's well, it's not nothing if somebody blew up
one of our ships. And then the conversation turned to
this notion of two people clinging to wreckage in the
(19:06):
middle of the Caribbean and then just heartlessly taken out. Well,
what about the report that they were getting back in
the boat and they were saving the drugs and they
were contacting others and continuing their mission. Well, you're assuming
that happened. Well, you're assuming they' claning to wreckage. And
(19:26):
of course the key is the video. And I thought
what is most despicable to reveal is how and even
watching Fox, they'll do this story as they're showing you
other videos, not the actual video. It's pretty misleading. Imagine
it's Ali Frasier and they're showing you clips from Ali Foreman,
(19:53):
what's really going on? What is this really about? Senator
Eric Schmidt from Missouri thinks this.
Speaker 6 (20:03):
Well, I think there's always going to be oversight, but
let's be clear President Trump was acting within his core
Article two powers.
Speaker 4 (20:09):
Pete Hegseth is doing a good job.
Speaker 6 (20:10):
These narco terrorists are poisoning one hundred thousand Americans every year.
There was nothing wrong here. They're clearly justified in the action.
What's really happening here, though, is the Democrats never wanted
Pete Hegseth in the first place. President Trump won, he
got his cabinet in. They've been trying to undermine him
ever since. It's some bogus story after bogus story, and
here we are.
Speaker 1 (20:29):
Now.
Speaker 6 (20:29):
This sounds a lot like Russiagate. It sounds a lot
like the control operation they had, inter censorship. The media's
the legacy media is carrying their water on this. The
fact of the matter is, and I think this is important, Laura,
the reality is you listen to what that video was about,
which was disobey orders because we don't like Trump. Effectively,
later on this weekend, not just some online troll, but
(20:51):
a city United States Center basically said to servicemen and women,
you could be prosecuted too. This is not the language
of political debate, is not like we'll winin the next election.
This is the language of a color revolution. I think
Republicans need to understand what this.
Speaker 1 (21:05):
Is all about.
Speaker 6 (21:06):
They are hell bent on power and control. Will do
anything for it. The rules they don't think applied to
them at all. So Pete Hegset's totally in the clear here.
This obvious president trompes within this core article two powers.
The Democrats are the ones right now they're fomenting this
and it just fake outrage.
Speaker 1 (21:20):
It seems like the senator read is close to what
we were saying on Monday. For you get that video. First,
disobey any illegal orders, though nowhere in the video doesn't
discuss any illegal orders that were given. And then individually
they would go on talking head shows and news programs
and when they depressed, is there any illegal orders that
(21:42):
have been given? They say, oh, no, not yet. And
then this whole creation from the Washington Post. Oh, I
think the two are linked.
Speaker 8 (21:50):
There's a lot of people that are starting to connect
the doctors.
Speaker 1 (21:52):
Yeah, not only that connect the dots on their hatred
for Hegset as well. But some of the things that
these people are saying is getting very It is really
on the line of insurrection. Now America thinks it knows
what insurrection is from a fake January sixth one, will
(22:17):
it recognize the clues of a real one? And probably
the oddest part is how the Democrats because look, they're
only driven by hatred for Trump. So if Trump's for
fighting the drug war, well they've got to be on
the sides of the drug lords.
Speaker 4 (22:31):
Right.
Speaker 9 (22:32):
There is no such thing as a narco terrorist. There
are very very bad narcotics people, cartels, et cetera. But
they're desperate to make this look like it's Isis or
a La Kaida because that's the very thin line on
which their illegal use of the United States military to
take these people out resides.
Speaker 4 (22:51):
And he's Democrat Jack Raid.
Speaker 3 (22:53):
Well, you know, one of the factors that drives views
in the United States and is demand. And most naco
traffickers are.
Speaker 1 (23:06):
Not in those boats.
Speaker 3 (23:08):
They pay people to do that, and usually people who
are not significantly involved with knacko trading.
Speaker 1 (23:14):
It's the way they make money, just.
Speaker 10 (23:17):
The way they make money. Ammy, what do you make
if the Democrats argument here? I mean, that was like
a parade of morons that you just displayed for us.
Speaker 1 (23:27):
I mean a few things.
Speaker 10 (23:27):
First of all, I mean, you're right, tens of thousand
people die year overduest. Just to be clear, it's over
eighty five thousand people, right, It's a very large number.
Of people, and to say that you don't have it's
not you know, self defense. The only way you could
you could be in a state of wars. It's just nonsense.
Right If this is if they are a threat to
(23:50):
the United States, that don't be literally a direct threat
of self defense. Right of course that is legal for
one to strike another group.
Speaker 1 (23:59):
So that's whatdiculous.
Speaker 10 (24:00):
And there's no narco terroritle what do is people talk about?
Speaker 1 (24:03):
You remember how we reacted when three thousand people died
on nine to eleven. Makes you wonder why we haven't
reacted to eighty thousand plus a year for decades. President
addressed some of this during his news conference yesterday. No,
we're not going to let that happen. We're not going
to let it continue to happen.
Speaker 5 (24:25):
What Biden did to this country by allowing all these people,
and I call them animals in many cases, I think
they are animals to come into a country and destroy
our country and let all those drugs pour in. But
people just walk across the border like it was nothing.
You look at him, a lot of them, you know,
they say, oh, let's not discriminate. I'm not talking about color.
(24:45):
I'm just talking about you look into the eyes of
some of these people, we're smart, and you see a killer.
Speaker 1 (24:52):
Come on in, just come on in.
Speaker 5 (24:54):
Eleven eight hundred and eighty eight murderers, many of them
committed more than one murder, out of into our country,
totally unvented, totally unchecked. But he also allowed drugs to
come in at record numbers, and hundreds of thousands of
people a year died. And we're taking those sort of
a bitches out.
Speaker 1 (25:12):
Yeah, person, very colorful language from the president. Now listen
when you are having conversations. This is the Treasury Secretary
Scott Percent.
Speaker 9 (25:32):
Just.
Speaker 1 (25:32):
I mean, you talk about a takedown, demolishes the New
York Times and does it at their own summit, the
backdrop of their logo, the moderator who doesn't know what
to do. And then there's just Percent with like this.
(25:54):
I mean, he's almost like a Dick Cheney of our time,
isn't he? The way he's so steely eyed and cold
and straight to the point. Listen to how this sounded.
It's my favorite sound of the day.
Speaker 11 (26:05):
I actually don't read The New York Times anymore that
sometimes I do watch CNBC, but you know, occasionally people
send me articles and like there's just this fever swamp
and you know, you're you're now a pop historian with
nineteen twenty nine, and you know, in twenty thirty, forty
fifty years, the.
Speaker 4 (26:25):
New York Times is no longer the paper of records.
Speaker 11 (26:28):
You can't go like, you know, I read this article
like President Trump is slowing down President.
Speaker 4 (26:33):
Trump's meneral capacity.
Speaker 11 (26:35):
It is one hundred percent fake that like he only
called me twice at two in the morning last week
instead of three times.
Speaker 1 (26:44):
You're saying he called you.
Speaker 11 (26:45):
I believe that he called you that like that, that
whole narrative.
Speaker 4 (26:49):
You had what was the greatest, one of the greatest.
Speaker 11 (26:52):
Scandals of all time, that the coverage of the Biden administration,
Joe Biden's diminished capacity and cover up.
Speaker 1 (27:00):
And that's why it's to raise.
Speaker 4 (27:02):
These questions, where was the New York Times.
Speaker 11 (27:04):
We just had a three hour cabinet meeting yesterday and
for ten months the Biden administration did not have a
cabinet meeting. How are you going to invote the twenty
fifth Amendment if the cabinet secretaries never see the president,
which they didn't. That you know, I hear from people
in the Treasury Building. Then I see President Trump more
(27:24):
in a day than my predecessor saw Joe Biden an
half ear quan.
Speaker 1 (27:31):
This is you know, it's kind of like sense of
commission and sense of omission combining. But that's that's bias, right,
that's always been biased. Stories should cover stories you don't.
Somebody starts to rumor the president's cognitively impaired and he's
falling asleep in meetings, meetings that we're all watching. He
lets the president on everything. He's the most successful president
(27:53):
in history. I'm exhausted watching him. I don't know why
he isn't more exhausted. And then when he's off, he's golfing.
But to ignore the cognitive decline of Biden for four
straight years and try to create one that doesn't exist, well,
that's how you ended up. Death of journalism or a
(28:16):
Scott Pissent would say, right to their face at their
own summit, this is why I don't read you. This
is why you're no longer the newspaper of breakfast.
Speaker 11 (28:28):
People who majored in online activision with a minor and
puberty bark a little bit.
Speaker 6 (28:35):
Any of you in the media clearly missed the art
of the deal.
Speaker 1 (28:39):
It's going to work out. You know, there are big
talkers and then there are people that just look steely
eyed like that. I mean, this guy's sounds like a
like a cold blood of Assassini, is it? I mean,
why is every just letting me go on and nobody's
driving in? There's something about that guy. And remember he
was at the center of the fight with Elon Musk
and Musk was gone, then he remained.
Speaker 8 (29:00):
This guy's the great part about it, Michael, is because.
Speaker 4 (29:05):
JD and.
Speaker 8 (29:08):
Marco are so good at what they do, people forget
he's like the third in line and how could be
the number one?
Speaker 1 (29:14):
Yeah, it's so good and this guy will he'll put
you out of your misery while you're down. Do doctors
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Speaker 2 (30:39):
It's your morning show with Michael Delchourno.
Speaker 1 (30:43):
Ice is making its way down to knowledge. We got
some two hundred agents on the ground. They're going to
be focusing first on those that were involved in home
invasions or rape or other violent and felony crimes and
then have been released. So not just walking up to
everybody with an accent. This is a part of something
(31:05):
the governor actually requested. Roy O'Neil's looking at all the
immigration rates that are coming to more and more cities
and he joins us now to explain where and why
I gave you one. Do you have others?
Speaker 12 (31:16):
Right, I'd say Minneapolis, Saint Paul. Is that one I'd
come two.
Speaker 1 (31:19):
I don't know.
Speaker 12 (31:20):
That's really one area now where we're seeing an intense
effort by immigration authorities to find people who are not
in the country legally and to start the process of
removing them. And as you said, New Orleans saw the
big operations start yesterday, even with the head of the
Border Patrol there, Gregory Bovino team in the French quarter,
(31:41):
trying to raise the profile of their operations to send
that clear message that if you're in the country illegally,
the government is trying to find you and get you
either squared away or get you out of the country.
Speaker 1 (31:54):
Fairly. They have had a chance to come forward, and
we think we've had what about a million that have
lially deported themselves. That puts you on a list to
come back legally, that's pretty fair. Border is secured. Now
what do you do with all those that were allowed in?
You got to go get them. You can always prioritize
those that have created other dangers in addition to the
(32:16):
felony of breaking into the country, but you really need
to ultimately address all of them. That's logical, but that's
not politically very logical. And it seems like every time
we do these rory if you find somebody that was
a rapist and get rid of them, or a drug
lord and get rid of them, or a murderer or
a felon of some kind, people don't have a problem.
(32:39):
Just anybody that once they did something wrong and then behaved, well,
that becomes a problem.
Speaker 12 (32:44):
Well right, And I think that everyone thinks that anyone
who has been convicted or even accused of a violent crime,
it should be first on the list for deportation. But
there are others who had been more integrated, who work
at daycare centers or in construction work or whatever it
may be, that are just trying to keep their head
(33:05):
down and do their jobs. That there's reluctance for people
just to have law enforcement be so aggressive in some
of these enforcement operations. So I think there is a
bit of a divide there. But you know, as we've
heard from mister Homan over and over again, they say
that their EMPHASI is to go after.
Speaker 1 (33:23):
The worst to the worst first. Yeah, and you know,
like I love the comments. You know, Hakeem Jefferies was
put on the spot and he had to say, oh,
I think the president will get a lot of credit
for securing the border. And it really is remarkable the
problem we've had. And I'll never forget one member of
Congress explained to me this way. The Republicans like the
cheap labor, the Democrats like the easy votes. All right,
(33:45):
that's why we haven't addressed this for decade after decade
after decade. And then Donald Trump solves it in the
first few months of his second term, just flat out
turns the Spickett off zero crossings, zero entrances in six
straight months. Even yeah, and even hakeeen necessary, Oh yeah,
well that's incredible. Why well what about those that were
(34:06):
in If that's incredible and that's important and you agree,
then you should have been outraged when they were all
crossing by the millions, and you can't just stop there.
You got to do something about those that are here.
But that's where the cooperation ends. Well, right, and then
it's are they on the dole? Are they receiving benefits
that perhaps they shouldn't be qualifying for?
Speaker 12 (34:27):
Are we paying for their healthcare plans? Are they getting
free phones? Are they getting foods? I mean, all those
things are then part of the equation as well. And
as we saw in Minneapolis Saint Paul with this investigation
about the money going back to Somalia perhaps for some
terrorist activities.
Speaker 1 (34:43):
Well, yeah, because once against the Somalia, then the terrorists
just take it. It doesn't go to where it was intended. Yeah,
we'll keep an eye on this. You know, as politically
divisive as it is, there must be supportive the American
people because it just moves forward and it makes you wonders.
Speaker 12 (34:58):
Oh, go ahead, are you saying this is breaking on CNN?
They've got sources arrest made in the DC pipe bombing case.
I wonder if is that the one outside the DNC
in the RNC. I'm that today, Yeah, you be talking
about that tomorrow. I'm I'm guessing we will.
Speaker 1 (35:15):
And I was just gonna end by saying, I wonder
if Democrats will one day have to begrudgingly admit, yeah,
it was pretty good to get these dangerous people out
of the country, just like it was pretty good to
finally secure that border. All right, here's someone can all
agree on one chance to live This Thursday, December fourth.
We'll make a difference in someone's life. Cherish your own,
and we'll see it tomorrow morning Friday with forty seven Tomorrow.
Speaker 4 (35:34):
We're all in this together.
Speaker 1 (35:35):
This is your Morning Show with Michael nhild Joano
Hey, gang, it's me Michael. You can listen to your
morning show live. Make us a part of your morning
routine or your drive to work companion on great stations
like Talk Radio ninety eight point three and fifteen ten
WLAC in Nashville, Tupelos News and Talk one oh one
point one and ten sixty WKMQ, and how about Talk
six fifty KSTE in Sacramento, California. Love to have you
(00:21):
listen live, but are grateful you're here now for the
podcast Enjoy.
Speaker 2 (00:25):
Well two three, starting your morning off right, A new
way of talk, a new way of understanding.
Speaker 1 (00:33):
Because we're in this together.
Speaker 3 (00:37):
This is your morning show with michael'dell Chornan soundtat you.
Speaker 1 (00:41):
Two seven. We are steady at thirty thousand. We're going
to begin our descent, final hour of final approach into
this Thursday, December fourth, twenty twenty five. Good morning, everybody,
Final Hour. I don't know how it happened, but it happened.
We actually have a really good football game. In fact,
if this was Sunday, I'd say this is the one
(01:03):
to watch out of all of them. And it's happening
on Thursday night, where that never happens. Not even Al
Michaels is going to have to actually pay attention. Tonight,
the red hot Dallas Cowboys of one three in a
row are headed to Detroit to take on our Lions
Thursday night football. Tonight, we got an admiral testifying. We
have President Trump rolling back fuel economy standards for American
auto producers. This could give a bump to gas vehicle sales.
(01:27):
And now you have the President saying what I said yesterday. Look,
the fact that Vladimir Putin sat down, the meeting actually happened,
that's progress. The fact that they were together for five
hours talking, that's progress. The President says, it was a
very good meeting. No breakthrough, but a very good meeting.
And we're getting closer. And there's been a lot of buzz,
(01:50):
so much so today. We did this earlier in the
five o'clock hour you can catch in the podcast. Later
you even have Corey Booker saying, oh man, let me
tell you something, these these Trump accounts, this is brilliant,
and it's brilliant on many layers. Of course, he still
thinks the Big Beautiful Bill, the Big Beautiful Bill, is
a moral obscenity, even though it's the big beautiful bill
(02:12):
that created the Trump accounts. So we want to talk
more about these Trump accounts. Our economist is also a
theologian because some of this is almost immoral the way
it has been handled. Why didn't we not do this
fifty years ago? Your kids today, had this happened twenty
years ago, would be graduating with two hundred and fifty
three hundred thousand, depending on I mean, we can break
(02:34):
the cycles of poverty. It will ultimately, I think, reveal
the failure of social Security, which goes back to the
two thousand presidential election and lock boxes and everything that
was never covered after nine to eleven. David Bonson is
our theologian and economists. He joins us every Thursday. He
also presides over Dividend Cafe, and you probably see him
all the time on Fox Business. Good morning, David. What
(02:54):
do you make of the presidents? I don't like the name,
but you know, I don't like when presidents put their
name on things. But the Trump counts love the concept
should have been done years ago.
Speaker 2 (03:02):
No, what is it you like about the concept? The
parts that is funded by Michael Dell or the government funding?
Speaker 1 (03:10):
No, the well, the part I like the part where
you can have an account that belongs to a kid
with five it's a it's a story of compounding interests.
So if the parents can put up to five thousand
dollars into it and it's invested and it grows, I
think it's it's an ultimate solution for breaking poverty. I mean,
(03:31):
I even go back to the nuance of if you're
a kid and you're in fifth grade and you know
you're going to have a couple one hundred grand to
use for college or for a home, if you decide
to do a trade, you're going to study different, You're
going to behave different because that hopelessness becomes not just hope,
but becomes a plan, a doable plan. What don't you
(03:54):
like about it? Maybe I should start the interview over.
Speaker 2 (03:56):
I think it depends on the funding mechanism. And so
if we're talking about an account that exists that parents
can fund, those have existed for many, many years, tax free,
all kinds of different options. If what we're talking about
here is the government providing the seed funding, I still
believe you're right that it's better than an unfunded social
(04:20):
security system.
Speaker 1 (04:21):
I still think it will.
Speaker 2 (04:22):
Compound and be exposed to typet market investing that's going
to generate a better return over time. But you know,
George McGovern ran on the idea in nineteen seventy two
of giving every kid at birth one thousand dollars and
then when they were you know, eighteen, they'd have this
big pot of money that would have compounded, and Republicans
(04:44):
went crazy over the idea that we would just be,
you know, using government funds as a giveaway. So I
think that there's different understandings of what's going on here
out there and different rationales for it. The one, the
one you're using, is the one I'm most sympathetic to
that it's just that way better than other government programs.
(05:04):
I still question the role of the government in what
is essentially redistribution. That we would be providing an account
to people at birth that is funded by borrowed money,
but to the extent we set up an account that
we enable parents to fund, or that the private sector funds,
which was the interesting thing this week with Michael delle
(05:28):
giving six and a half billion dollars, which is a
massive amount of a private gift. But yeah, I'm concerned
with the idea of the government funding what is essentially
a new entitlement. And so you know, the argument you
(05:48):
make about hope I agree with. But I do believe
we have quite a big precedent that people have a
lot more hope about their future when they are playing
a role in that. But yeah, to the extent you
can do something that supports it and gives people, you know,
an advantage that wouldn't otherwise have and whatnot. I mean,
all of those are positive things.
Speaker 1 (06:09):
Certainly, David Bonston, our economist and money was this joining us.
I know that the Dell contribution, and hopefully it will
have more billionaires come forward and do it as well.
But right now the billion or what they put forward
comes to what two hundred and fifty for any kids
born starting next year? What is the government's I haven't
(06:33):
read anything about what the government starts it off with.
Speaker 2 (06:36):
Yeah, there's a little ambiguity in Congress is still supposed
to be providing not only some of the specifics about that,
but also some of the tax ramifications. So a lot
of us in the financial services element are still having
to kind of figure out what parents are able to
put in, is their deductibility and contributions, is it going
to grow tax free the way rowth Io rays five
(07:00):
nine's do. So. I still think that there are some
ambiguity as Congress works out the particulars, but there's no
question that the Big Beautiful Bill had a pretty sizable
cost to government in funding a lot of this.
Speaker 1 (07:13):
Yeah, no, because I was looking in as I read
it and thought I understood it. Once the kids are eighteen,
it becomes like an ira. It's it's actually transferred into
what becomes like an ira. If that's the case, then
I'm my guess was that when the parents who can
put up to five thousand a year into it do that,
(07:34):
it has to be after taxes. Otherwise you can't be
getting a tax break. I guess you could, but I didn't.
I guess I just just said.
Speaker 2 (07:42):
Well, it becomes if it becomes like an Ira, then
you would be getting a tax break. If it becomes
like a roth Ira, then you would not. And so
that you know, an ira has taxed to withdraw and
a roth Ira is not. But a roth Ira you
didn't get a deduction for when you put the money in,
and an Ira you do sort of some of the question.
Speaker 1 (08:02):
Yeah, all right, so that's all got to be worked out.
But in concept. What about the big picture of how
we've never gotten around? Like the Social Security is a tax.
People have to remember that it's not volitional. It's forced
on you, it's forced on your employer. It has grown
in its amount. I think it's what is its six
point twenty five percent for the employer, six point two
(08:22):
five percent, thirteen percent together for the employer and the individual,
and you pay that over lifetime. They keep raising every
year the amount. I think when my dad was paying
into Social Security only the first forty thousand dollars he
made was tax. Now it goes all the way up
next year, I think it's one hundred and eighty thousand dollars.
So it's it's a very it's an increasing tax. And
then the money that's paid in it's borrowed from which
(08:46):
is a big problem, and it's not really getting the
return it should. Are we ever going to get around
to why isn't that a big part of fixing this?
Speaker 4 (08:56):
Well?
Speaker 2 (08:57):
Why why isn't the Trump account related to fixing this?
Speaker 1 (09:01):
Or or why is cong Why are we ever gotten around?
Speaker 4 (09:04):
Yeah?
Speaker 1 (09:04):
In two thousand that was the big argument. George W.
Bush was wanting to, you know, free up Social Security
money to be invested privately. That and then the lock
box that Al Gore made famous, all that bantering the
election after they figured out all the chads and then
we had nine to eleven. Nobody has ever acted on it.
But social security does not.
Speaker 4 (09:23):
Get a good right.
Speaker 2 (09:24):
What you're forgetting. What you're forgetting is that Bush got
re elected in four and the first thing he said
was he now had a little political capital and he
was going to use it to reform social security. And
everybody lost their ever loving minds and said, no, you're
not You're not going to touch it, and you're going
to implement private accounts. Don't you remember what happened a
(09:44):
few years ago when the NASDAC blew up, and you're
going to blow up everyone's retirement with that big bad
stock market. Well, at the time everyone said that the
S and P five hundred was at fifteen hundred. It's
currently over six thousands. So but I mean literally, And
it is funny too because if they had gone through
it uneprivatized or an option an option for privatize social
(10:08):
security back then and then the financial crisis came two
or three years later, people would have just hammered it
for it. So the all thing's ridiculous. We've created this
third rail where anyone who talks to anything serious about
saving social security is accused of destroying it. And the
only thing that will destroy it is not doing something
(10:29):
to save it. So we are going to do what
we always do. We will wait until there's an emergency.
But the American people are to blame here. And I've
talked to you about this before. I've certainly written a
lot about it. I wrote a gived in cafe about
this maybe six months ago. We don't have a seriousness
to deal with this problem because we don't think we
(10:51):
need to. And when we decide we have to do something,
then we will.
Speaker 1 (10:56):
But in the meantime, just go another trillion in debt.
Speaker 2 (11:00):
So the government putting one thousand dollars into these programs.
That's where the first funding comes from, is one thousand
dollars from the government for any child born from twenty
twenty five to twenty twenty eight, and then the parents
can put up to another five thousand, and employers can
put up to another twenty five hundred. But that is
for money that the kids can get, you know, when
(11:22):
they are adults, and it is not meant to be
a Social Security replacement system. I think your point is
one that I really like though, that had we done
this instead of Social Security many many years ago and
had private accounts with stock market bonds, you know, regular
diversified investments like people's own four to one k's or
(11:42):
whatnot have, then everybody would have significantly more more money
and available. But the Social Security system represents a different
obligation and nobody has the seriousness of dealing with it.
Speaker 1 (11:56):
Closing moments with David Bonson, we got a eighty d
sidetrack looking at the nineteen seventy six McDonald's menu, and
it started because I took my son to Shakeshack. We
had two cheeseburgers. We both got a fry, one cheeseburger each,
two cheeseburgers, we both got a fry each, two fries.
We both got waters. The waters were four seventy nine each,
(12:19):
forty four dollars to have burgers, and then that got
read to send the seventy six McDonald's. But we discovered
something very interesting. So if you take the sixty five
cent quarter pounder with cheese in nineteen seventy six, through
rate of inflation, it should be three dollars and seventy
cents today, but it's six dollars in seventy two. How
did it end up doubling? That can't be off food.
Speaker 2 (12:42):
Look, I've studied this a time, and this there's a
lot going on here. Okay, it is not apples to
apples the same cheeseburger, first of all. So there there's
a lot about inflation when we take a product. It
was similar to houses. People will say the average house
cost x, and now it costs this, But they forget
that one was a twelve hundred square foot house and
(13:04):
one is a twenty five hundred square foot house or
maybe the same square footage, but you know, one of
them has like broadband and security and a swimming pool,
you know. So the food itself may be different. But
what we know, whether we're talking about a particular place
like McDonald's or just the broad food level, is that
(13:26):
people spend way less of their total paycheck on food
now than they did in nineteen seventy six. They spend
way less on utilities now than they did in nineteen
seventy six. And what we know is that incomes have
gone up more than prices since nineteen seventy six. So
(13:47):
there are certain products healthcare, higher education, and housing that
have gone up more than incomes and more than inflation.
But what is called real wages, which is the total
amount of income adjusted for the total amount of inflation,
(14:07):
they have substantially gone higher. The quality of living, the
standard of living is up. Now when with a particular
deal with McDonald's, what I would recommend people do is
buy stock in McDonald's because McDonald's has the pricing power
to continue increasing and wrote their dividend year over year
(14:31):
over year, which is why since nineteen seventy six, McDonald's
is up seventy thousand percent as an investment, and yes
is one of the great dividend stocks that we own
in our company for many many years, exactly for that reason.
There is no inflation. If cheeseburgers aren't going higher, there
(14:52):
is no inflation. The French fries aren't going higher. But
I don't think it's true that the general price level
has ever gone up higher than in times. And so
I don't like inflation because I think it's a tax
on the poor and I think it enables government spending.
But we also I just have to do the full
amount of mass people's incomes have gone up a heck
(15:12):
of a lot since nineteen seventy six.
Speaker 1 (15:15):
What's up on the dividend Cafe tomorrow? I'm done over
a minute over here, I have to do it.
Speaker 2 (15:22):
I finally am going to write a full comprehensive treatment
on why we do not own bitcoin and never will
and what my overall complete comprehensive take is why I'm
fully supportive of anyone who wants to go out and
buy it and guess what they think it's going to
go to. But I'm finally going to do a more
(15:42):
comprehensive treatment on why I don't buy this argument that
bitcoin represents some alternative currency.
Speaker 1 (15:48):
Botson Berry's Bitcoin Dividendcafe dot com. And we'll talk again
next week. David, love you, my brother.
Speaker 5 (15:57):
This is David Peterson in Columbia, Tennessee.
Speaker 6 (16:00):
In my morning show is your Morning Show with the
Michael del Jarna.
Speaker 1 (16:12):
Hi. It's Michael. Your Morning show can be heard on
great radio stations across the country, like News Talk ninety
two point one and six hundred WREC in Memphis, Tennessee
for thirteen hundred, The Patriot in Tulsa, Our Talk six
fifty kste in Sacramento, California. We invite you to listen
live while you're getting ready in the morning to take
us along for the drive to work. But as we
always say, better late than never. Thanks for joining us
(16:33):
for the podcast. As we mentioned, they're going to have
a private closed door hearing today with an admiral to
try to once and for all explain to Congress what
happened on that September second taking out of a boat
in the Caribbean. Israel says I got another body back
from Hamas turns out it was a man from Thailand
and convicted sex offender, Glene Maxwell is seeking early release
(16:59):
from federal prison camp in Brian, Texas. I doubt there's
much chance of that. And tonight we got a good
football game for a change on Thursday night, Cowboys in
Detroit to take on the line.
Speaker 4 (17:09):
All right, everybody, I'm not joking.
Speaker 7 (17:11):
I don't think we should be taking the advice from
a group of people who can't define what a woman is.
Speaker 1 (17:17):
That was just complete model information. Yes, time for your
Sounds of the day, always revealing, often entertaining. We start
with the President. ABC News Global Affairs correspondent Martha raddits
with the report. It may clear things up a bit,
(17:39):
although it didn't in my conversation with John Decker. But
more on that in a minute.
Speaker 7 (17:46):
So we have seen the video of the first strike,
but that second strike video that the President said would
be released will be key, and tonight new information. According
to a source familiar with the incident, the two survivors
climbed back on to the boat after the initial strike.
They were believed to be potentially in communication with others.
Speaker 1 (18:06):
And salvaging some of the drugs.
Speaker 7 (18:08):
Because of that, it was determined they were still in
the fight and valid targets. A JAG officer was also
giving legal advice. So again, David, that video will be key,
and Admiral Bradley will be on the hill tomorrow behind closed.
Speaker 1 (18:21):
Doors or today is the case? Be again this whole
notion that well, thanks to ABC, we've got this all
cleared up. This all begins with an anonymous sub source
and a report by the Washington Post. Then the New
York Times came out with four anonymous sources that countered that,
(18:42):
and now thanks to ABC, well it's all cleared up
and they're going to tell the members of Congress today
behind closed doors. I know John Decker took offense to
be calling it, when will this nothing burger go away?
And it's well, it's not nothing if somebody blew up
one of our ships. And then the conversation turned to
this notion of two people clinging to wreckage in the
(19:06):
middle of the Caribbean and then just heartlessly taken out. Well,
what about the report that they were getting back in
the boat and they were saving the drugs and they
were contacting others and continuing their mission. Well, you're assuming
that happened. Well, you're assuming they' claning to wreckage. And
(19:26):
of course the key is the video. And I thought
what is most despicable to reveal is how and even
watching Fox, they'll do this story as they're showing you
other videos, not the actual video. It's pretty misleading. Imagine
it's Ali Frasier and they're showing you clips from Ali Foreman,
(19:53):
what's really going on? What is this really about? Senator
Eric Schmidt from Missouri thinks this.
Speaker 6 (20:03):
Well, I think there's always going to be oversight, but
let's be clear President Trump was acting within his core
Article two powers.
Speaker 4 (20:09):
Pete Hegseth is doing a good job.
Speaker 6 (20:10):
These narco terrorists are poisoning one hundred thousand Americans every year.
There was nothing wrong here. They're clearly justified in the action.
What's really happening here, though, is the Democrats never wanted
Pete Hegseth in the first place. President Trump won, he
got his cabinet in. They've been trying to undermine him
ever since. It's some bogus story after bogus story, and
here we are.
Speaker 1 (20:29):
Now.
Speaker 6 (20:29):
This sounds a lot like Russiagate. It sounds a lot
like the control operation they had, inter censorship. The media's
the legacy media is carrying their water on this. The
fact of the matter is, and I think this is important, Laura,
the reality is you listen to what that video was about,
which was disobey orders because we don't like Trump. Effectively,
later on this weekend, not just some online troll, but
(20:51):
a city United States Center basically said to servicemen and women,
you could be prosecuted too. This is not the language
of political debate, is not like we'll winin the next election.
This is the language of a color revolution. I think
Republicans need to understand what this.
Speaker 1 (21:05):
Is all about.
Speaker 6 (21:06):
They are hell bent on power and control. Will do
anything for it. The rules they don't think applied to
them at all. So Pete Hegset's totally in the clear here.
This obvious president trompes within this core article two powers.
The Democrats are the ones right now they're fomenting this
and it just fake outrage.
Speaker 1 (21:20):
It seems like the senator read is close to what
we were saying on Monday. For you get that video. First,
disobey any illegal orders, though nowhere in the video doesn't
discuss any illegal orders that were given. And then individually
they would go on talking head shows and news programs
and when they depressed, is there any illegal orders that
(21:42):
have been given? They say, oh, no, not yet. And
then this whole creation from the Washington Post. Oh, I
think the two are linked.
Speaker 8 (21:50):
There's a lot of people that are starting to connect
the doctors.
Speaker 1 (21:52):
Yeah, not only that connect the dots on their hatred
for Hegset as well. But some of the things that
these people are saying is getting very It is really
on the line of insurrection. Now America thinks it knows
what insurrection is from a fake January sixth one, will
(22:17):
it recognize the clues of a real one? And probably
the oddest part is how the Democrats because look, they're
only driven by hatred for Trump. So if Trump's for
fighting the drug war, well they've got to be on
the sides of the drug lords.
Speaker 4 (22:31):
Right.
Speaker 9 (22:32):
There is no such thing as a narco terrorist. There
are very very bad narcotics people, cartels, et cetera. But
they're desperate to make this look like it's Isis or
a La Kaida because that's the very thin line on
which their illegal use of the United States military to
take these people out resides.
Speaker 4 (22:51):
And he's Democrat Jack Raid.
Speaker 3 (22:53):
Well, you know, one of the factors that drives views
in the United States and is demand. And most naco
traffickers are.
Speaker 1 (23:06):
Not in those boats.
Speaker 3 (23:08):
They pay people to do that, and usually people who
are not significantly involved with knacko trading.
Speaker 1 (23:14):
It's the way they make money, just.
Speaker 10 (23:17):
The way they make money. Ammy, what do you make
if the Democrats argument here? I mean, that was like
a parade of morons that you just displayed for us.
Speaker 1 (23:27):
I mean a few things.
Speaker 10 (23:27):
First of all, I mean, you're right, tens of thousand
people die year overduest. Just to be clear, it's over
eighty five thousand people, right, It's a very large number.
Of people, and to say that you don't have it's
not you know, self defense. The only way you could
you could be in a state of wars. It's just nonsense.
Right If this is if they are a threat to
(23:50):
the United States, that don't be literally a direct threat
of self defense. Right of course that is legal for
one to strike another group.
Speaker 1 (23:59):
So that's whatdiculous.
Speaker 10 (24:00):
And there's no narco terroritle what do is people talk about?
Speaker 1 (24:03):
You remember how we reacted when three thousand people died
on nine to eleven. Makes you wonder why we haven't
reacted to eighty thousand plus a year for decades. President
addressed some of this during his news conference yesterday. No,
we're not going to let that happen. We're not going
to let it continue to happen.
Speaker 5 (24:25):
What Biden did to this country by allowing all these people,
and I call them animals in many cases, I think
they are animals to come into a country and destroy
our country and let all those drugs pour in. But
people just walk across the border like it was nothing.
You look at him, a lot of them, you know,
they say, oh, let's not discriminate. I'm not talking about color.
(24:45):
I'm just talking about you look into the eyes of
some of these people, we're smart, and you see a killer.
Speaker 1 (24:52):
Come on in, just come on in.
Speaker 5 (24:54):
Eleven eight hundred and eighty eight murderers, many of them
committed more than one murder, out of into our country,
totally unvented, totally unchecked. But he also allowed drugs to
come in at record numbers, and hundreds of thousands of
people a year died. And we're taking those sort of
a bitches out.
Speaker 1 (25:12):
Yeah, person, very colorful language from the president. Now listen
when you are having conversations. This is the Treasury Secretary
Scott Percent.
Speaker 9 (25:32):
Just.
Speaker 1 (25:32):
I mean, you talk about a takedown, demolishes the New
York Times and does it at their own summit, the
backdrop of their logo, the moderator who doesn't know what
to do. And then there's just Percent with like this.
(25:54):
I mean, he's almost like a Dick Cheney of our time,
isn't he? The way he's so steely eyed and cold
and straight to the point. Listen to how this sounded.
It's my favorite sound of the day.
Speaker 11 (26:05):
I actually don't read The New York Times anymore that
sometimes I do watch CNBC, but you know, occasionally people
send me articles and like there's just this fever swamp
and you know, you're you're now a pop historian with
nineteen twenty nine, and you know, in twenty thirty, forty
fifty years, the.
Speaker 4 (26:25):
New York Times is no longer the paper of records.
Speaker 11 (26:28):
You can't go like, you know, I read this article
like President Trump is slowing down President.
Speaker 4 (26:33):
Trump's meneral capacity.
Speaker 11 (26:35):
It is one hundred percent fake that like he only
called me twice at two in the morning last week
instead of three times.
Speaker 1 (26:44):
You're saying he called you.
Speaker 11 (26:45):
I believe that he called you that like that, that
whole narrative.
Speaker 4 (26:49):
You had what was the greatest, one of the greatest.
Speaker 11 (26:52):
Scandals of all time, that the coverage of the Biden administration,
Joe Biden's diminished capacity and cover up.
Speaker 1 (27:00):
And that's why it's to raise.
Speaker 4 (27:02):
These questions, where was the New York Times.
Speaker 11 (27:04):
We just had a three hour cabinet meeting yesterday and
for ten months the Biden administration did not have a
cabinet meeting. How are you going to invote the twenty
fifth Amendment if the cabinet secretaries never see the president,
which they didn't. That you know, I hear from people
in the Treasury Building. Then I see President Trump more
(27:24):
in a day than my predecessor saw Joe Biden an
half ear quan.
Speaker 1 (27:31):
This is you know, it's kind of like sense of
commission and sense of omission combining. But that's that's bias, right,
that's always been biased. Stories should cover stories you don't.
Somebody starts to rumor the president's cognitively impaired and he's
falling asleep in meetings, meetings that we're all watching. He
lets the president on everything. He's the most successful president
(27:53):
in history. I'm exhausted watching him. I don't know why
he isn't more exhausted. And then when he's off, he's golfing.
But to ignore the cognitive decline of Biden for four
straight years and try to create one that doesn't exist, well,
that's how you ended up. Death of journalism or a
(28:16):
Scott Pissent would say, right to their face at their
own summit, this is why I don't read you. This
is why you're no longer the newspaper of breakfast.
Speaker 11 (28:28):
People who majored in online activision with a minor and
puberty bark a little bit.
Speaker 6 (28:35):
Any of you in the media clearly missed the art
of the deal.
Speaker 1 (28:39):
It's going to work out. You know, there are big
talkers and then there are people that just look steely
eyed like that. I mean, this guy's sounds like a
like a cold blood of Assassini, is it? I mean,
why is every just letting me go on and nobody's
driving in? There's something about that guy. And remember he
was at the center of the fight with Elon Musk
and Musk was gone, then he remained.
Speaker 8 (29:00):
This guy's the great part about it, Michael, is because.
Speaker 4 (29:05):
JD and.
Speaker 8 (29:08):
Marco are so good at what they do, people forget
he's like the third in line and how could be
the number one?
Speaker 1 (29:14):
Yeah, it's so good and this guy will he'll put
you out of your misery while you're down. Do doctors
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Speaker 2 (30:39):
It's your morning show with Michael Delchourno.
Speaker 1 (30:43):
Ice is making its way down to knowledge. We got
some two hundred agents on the ground. They're going to
be focusing first on those that were involved in home
invasions or rape or other violent and felony crimes and
then have been released. So not just walking up to
everybody with an accent. This is a part of something
(31:05):
the governor actually requested. Roy O'Neil's looking at all the
immigration rates that are coming to more and more cities
and he joins us now to explain where and why
I gave you one. Do you have others?
Speaker 12 (31:16):
Right, I'd say Minneapolis, Saint Paul. Is that one I'd
come two.
Speaker 1 (31:19):
I don't know.
Speaker 12 (31:20):
That's really one area now where we're seeing an intense
effort by immigration authorities to find people who are not
in the country legally and to start the process of
removing them. And as you said, New Orleans saw the
big operations start yesterday, even with the head of the
Border Patrol there, Gregory Bovino team in the French quarter,
(31:41):
trying to raise the profile of their operations to send
that clear message that if you're in the country illegally,
the government is trying to find you and get you
either squared away or get you out of the country.
Speaker 1 (31:54):
Fairly. They have had a chance to come forward, and
we think we've had what about a million that have
lially deported themselves. That puts you on a list to
come back legally, that's pretty fair. Border is secured. Now
what do you do with all those that were allowed in?
You got to go get them. You can always prioritize
those that have created other dangers in addition to the
(32:16):
felony of breaking into the country, but you really need
to ultimately address all of them. That's logical, but that's
not politically very logical. And it seems like every time
we do these rory if you find somebody that was
a rapist and get rid of them, or a drug
lord and get rid of them, or a murderer or
a felon of some kind, people don't have a problem.
(32:39):
Just anybody that once they did something wrong and then behaved, well,
that becomes a problem.
Speaker 12 (32:44):
Well right, And I think that everyone thinks that anyone
who has been convicted or even accused of a violent crime,
it should be first on the list for deportation. But
there are others who had been more integrated, who work
at daycare centers or in construction work or whatever it
may be, that are just trying to keep their head
(33:05):
down and do their jobs. That there's reluctance for people
just to have law enforcement be so aggressive in some
of these enforcement operations. So I think there is a
bit of a divide there. But you know, as we've
heard from mister Homan over and over again, they say
that their EMPHASI is to go after.
Speaker 1 (33:23):
The worst to the worst first. Yeah, and you know,
like I love the comments. You know, Hakeem Jefferies was
put on the spot and he had to say, oh,
I think the president will get a lot of credit
for securing the border. And it really is remarkable the
problem we've had. And I'll never forget one member of
Congress explained to me this way. The Republicans like the
cheap labor, the Democrats like the easy votes. All right,
(33:45):
that's why we haven't addressed this for decade after decade
after decade. And then Donald Trump solves it in the
first few months of his second term, just flat out
turns the Spickett off zero crossings, zero entrances in six
straight months. Even yeah, and even hakeeen necessary, Oh yeah,
well that's incredible. Why well what about those that were
(34:06):
in If that's incredible and that's important and you agree,
then you should have been outraged when they were all
crossing by the millions, and you can't just stop there.
You got to do something about those that are here.
But that's where the cooperation ends. Well, right, and then
it's are they on the dole? Are they receiving benefits
that perhaps they shouldn't be qualifying for?
Speaker 12 (34:27):
Are we paying for their healthcare plans? Are they getting
free phones? Are they getting foods? I mean, all those
things are then part of the equation as well. And
as we saw in Minneapolis Saint Paul with this investigation
about the money going back to Somalia perhaps for some
terrorist activities.
Speaker 1 (34:43):
Well, yeah, because once against the Somalia, then the terrorists
just take it. It doesn't go to where it was intended. Yeah,
we'll keep an eye on this. You know, as politically
divisive as it is, there must be supportive the American
people because it just moves forward and it makes you wonders.
Speaker 12 (34:58):
Oh, go ahead, are you saying this is breaking on CNN?
They've got sources arrest made in the DC pipe bombing case.
I wonder if is that the one outside the DNC
in the RNC. I'm that today, Yeah, you be talking
about that tomorrow. I'm I'm guessing we will.
Speaker 1 (35:15):
And I was just gonna end by saying, I wonder
if Democrats will one day have to begrudgingly admit, yeah,
it was pretty good to get these dangerous people out
of the country, just like it was pretty good to
finally secure that border. All right, here's someone can all
agree on one chance to live This Thursday, December fourth.
We'll make a difference in someone's life. Cherish your own,
and we'll see it tomorrow morning Friday with forty seven Tomorrow.
Speaker 4 (35:34):
We're all in this together.
Speaker 1 (35:35):
This is your Morning Show with Michael nhild Joano
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